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Weatherhead's Jonathan Ernest explains how credit card companies use Social Security numbers

Media | June 29, 2026 | Story by: Editorial Staff

Best credit cards without SSN requirements

WalletHub: Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, said credit card companies require Social Security numbers to match applicants with borrowing histories and assess repayment risk. He advised immigrants to build credit slowly with low-limit loans and on-time payments, warning that missed payments can hurt future borrowing opportunities.